Investment in U.S. and global markets is on the rise amid concerns about the durability of the ceasefire and prospects for further peace talks between Iran and Pakistan, as a Pakistani source suggests that Tehran may resume its participation in the talks. South Korea's Kospi also surged, with tech-led gains also contributing to Asian markets. Amazon announced plans to invest up to $25 billion in AI startup Anthropic, following its $50 billion investment in OpenAI earlier this year. Meanwhile, Apple's shares largely shrugged off the announcement that its next CEO, John Ternus, would replace Tim Cook as CEO from September. Fed Chair nominee Kevin Warsh is set to face Congress for his confirmation hearing, with expectations that he will emphasise a commitment to Fed independence.